Pay&Go is the leading technology provider of innovative payment processing for cash and non-cash transactions through a complex network of payment acceptance points.
The Pay&Go platform, is designed to allow the execution of cash and non-cash transactions through a network of kiosks, POS-enabled merchants and through a user-friendly customer-facing mobile application
A letter of credit, also known as a documentary credit or bankers commercial credit, or letter of undertaking, is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Wikipedia
Pay&Go is the leading technology provider of innovative payment processing for cash and non-cash transactions through a complex network of payment acceptance points.
The Pay&Go platform, is designed to allow the execution of cash and non-cash transactions through a network of kiosks, POS-enabled merchants and through a user-friendly customer-facing mobile application
A letter of credit, also known as a documentary credit or bankers commercial credit, or letter of undertaking, is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Wikipedia
This presentation covers the credit card business and highlights the many different types of credit cards available, how credit cards are processed and the major credit card issuers.
Everything You Need to Know About Virtual Credit CardsRon Griswold
Once seen as a banking commodity, e-payables continues leaning toward tech-minded companies for stronger results.
One provider in particular continues to out-pace all others by focusing on integrating with any software and enrolling 3x more vendors than the rest of the market.
Nubank: Neobank from Brazil to the whole Latin AmericaSam Ghosh
Brazil is the largest economy in Latin America with the largest population. Banking in Brazil seems well developed on paper - banking penetration little higher than the global average and extensive branch network.
But, Brazillian (and other Latin American countries) banks charge considerably higher interest margin when compared with the USA and China. Banks could get away with maintaining a high return on equity despite having high overhead costs because of the oligopolistic market structure in the Brazillian banking industry. As of 2018, the five largest banks in Brazil controlled more than 80% of the household credit market.
David Vélez, who was a partner at the Sequoia Capital, saw this opportunity. He founded EO2 Solucoes de Pagamento (EO2 Payment Solutions) along with Cristina Junqueira and Edward Wible in 2013. Soon the company was named Nubank.
Today Nubank has more than 26 million customers across Latin America and is valued at US$25 billion as of January 2021. The company offers digital accounts for individuals and businesses along with credit cards and life insurance.
Let us learn about their great journey.
Update Feb18 2021: The latest public user number for Nubank is 34 million as of January 2021.
https://blog.nubank.com.br/nubank-400-milhoes-rodada-investimento-2021/
Mobile Wallet is a service that allows users to manage digitized values (offers, coupons, rewards within loyalty programs, ticketing, boarding passes, gift certificates, ID-cards or information about products and services) of different brands and makes it possible to make payments (with bank accounts, bank cards, and electronic money)
This presentation is about technology internet banking or net banking which is very essential and helpful in our daily life..so in this ppt basic and some advance concepts are highlighted. i am sure this will be very much help full for u
What is Loan?
How Loan works ?
Why Loan is required ?
What are the problems salesperson facing in Auto Loan ?
What are the customer problems which are interested in Auto Loan?
How to make customers buying decision easier by Auto Loan?
This presentation covers the credit card business and highlights the many different types of credit cards available, how credit cards are processed and the major credit card issuers.
Everything You Need to Know About Virtual Credit CardsRon Griswold
Once seen as a banking commodity, e-payables continues leaning toward tech-minded companies for stronger results.
One provider in particular continues to out-pace all others by focusing on integrating with any software and enrolling 3x more vendors than the rest of the market.
Nubank: Neobank from Brazil to the whole Latin AmericaSam Ghosh
Brazil is the largest economy in Latin America with the largest population. Banking in Brazil seems well developed on paper - banking penetration little higher than the global average and extensive branch network.
But, Brazillian (and other Latin American countries) banks charge considerably higher interest margin when compared with the USA and China. Banks could get away with maintaining a high return on equity despite having high overhead costs because of the oligopolistic market structure in the Brazillian banking industry. As of 2018, the five largest banks in Brazil controlled more than 80% of the household credit market.
David Vélez, who was a partner at the Sequoia Capital, saw this opportunity. He founded EO2 Solucoes de Pagamento (EO2 Payment Solutions) along with Cristina Junqueira and Edward Wible in 2013. Soon the company was named Nubank.
Today Nubank has more than 26 million customers across Latin America and is valued at US$25 billion as of January 2021. The company offers digital accounts for individuals and businesses along with credit cards and life insurance.
Let us learn about their great journey.
Update Feb18 2021: The latest public user number for Nubank is 34 million as of January 2021.
https://blog.nubank.com.br/nubank-400-milhoes-rodada-investimento-2021/
Mobile Wallet is a service that allows users to manage digitized values (offers, coupons, rewards within loyalty programs, ticketing, boarding passes, gift certificates, ID-cards or information about products and services) of different brands and makes it possible to make payments (with bank accounts, bank cards, and electronic money)
This presentation is about technology internet banking or net banking which is very essential and helpful in our daily life..so in this ppt basic and some advance concepts are highlighted. i am sure this will be very much help full for u
What is Loan?
How Loan works ?
Why Loan is required ?
What are the problems salesperson facing in Auto Loan ?
What are the customer problems which are interested in Auto Loan?
How to make customers buying decision easier by Auto Loan?
Managerial Economics and Business Strategy, 6e Page 1 Visa.docxinfantsuk
Managerial Economics and Business Strategy, 6e Page 1
Visa and MasterCard’s Association Potentially
Anticompetitive
Michael Baye and Patrick Scholten prepared this case to serve as the basis for classroom
discussion rather than to represent economic or legal fact. The case is a condensed and slightly
modified version of the public copy of the Complaint filed in United States of America v. Visa U.S.A.,
Inc. et al. dated October 7, 1998. No. 98-civ.7076.
OVERVIEW OF MARKET FOR GENERAL PURPOSE CARD SERVICES
Visa and MasterCard compete in the market for general purpose card network
products and services. General purpose cards, which include credit cards and charge cards,
are payment devices that enable consumers to make purchases from unrelated merchants
without immediately accessing or reserving funds. Visa and MasterCard are the two largest
general purpose card networks. Together, they account for over 75% of all purchases made
with general purpose cards in the United States.
Visa and MasterCard are joint ventures — or, as they call themselves, “associations”
— created, owned, governed, and operated by and in the interests of their member banks.
These banks use the associations’ products and services either to issue cards to consumers,
provide card acceptance services to merchants, or both.
The same large banks control both associations by simultaneously serving on the
board of directors of one and on important committees of the other. In addition, each of
these banks issues significant numbers of both Visa and MasterCard cards. The control of
the two associations by banks that have significant interests in both — known in the industry
as “duality” — has possibly substantially lessened competition between Visa and MasterCard
because these banks seem to have been, and continue to seem to seem to be, significantly less
willing to fund and implement competitive initiatives that would cause consumers to switch
their business from one association to the other.
In addition, both Visa and MasterCard — on behalf of and in collaboration with the
banks that govern them — have adopted rules and policies that might restrict the ability of all
member banks to do business with American Express, Discover/Novus, or any other network
that the controlling banks deem to be “competitive.” Importantly, Visa and MasterCard do
not apply these rules to one another. Banks can therefore do business with the two largest
general purpose card networks, but not with smaller competitor networks. These
exclusionary rules and policies might eliminate certain forms of competition among the Visa
and MasterCard member banks, and might have effectively precluded American Express and
Discover/Novus from competing to enlist banks in the U.S. to issue their cards.
Through their common control of both Visa and MasterCard, the largest banks might
have stifled competition between these two networks and might have thwart ...
Embrace emerging trends, prioritize operational excellence, and choose the right partners like top credit card processors to empower your financial service offerings and thrive in the exciting world of credit cards. Visit us at: https://webpays.com/credit-card-processing.html
This slide deck examines new product releases from credit card carriers in our Credit Card Monitor coverage group.
Inside, we provide a rundown of the new credit cards introduced on the firms’ websites during the first six months of 2015, and highlight their key features.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
This presentation, created by Syed Faiz ul Hassan, explores the profound influence of media on public perception and behavior. It delves into the evolution of media from oral traditions to modern digital and social media platforms. Key topics include the role of media in information propagation, socialization, crisis awareness, globalization, and education. The presentation also examines media influence through agenda setting, propaganda, and manipulative techniques used by advertisers and marketers. Furthermore, it highlights the impact of surveillance enabled by media technologies on personal behavior and preferences. Through this comprehensive overview, the presentation aims to shed light on how media shapes collective consciousness and public opinion.
Getting started with Amazon Bedrock Studio and Control Tower
VISA.ppt
1.
2. Introducing VISA Inc.
Visa Inc. is an American multinational financial services corporation that facilitates electronic
funds transfers throughout the world.
Headquartered in Foster City, California, United States.
In 1976, a group of banks formed the Interbank Card Association (ICA), which is now known as Visa
USA.
Visa cardholders with access to more than 16 million merchants and 2.5 million ATMs worldwide.
3. Visa Inc.'s net worth is estimated to be around $335 billion.
Visa operates one of the world's most advanced processing networks — VisaNet — that is capable
of handling more than 65,000 transaction messages a second.
Visa net income for the twelve months ending June 30, 2022 was $14.601B, a 34.4% increase year-
over-year.
How Big The VISA Is?
Fig: Net income of VISA Inc.
4. Visa inc. Provides financial services, travel services, and retail services.
Financial services:
Credit and debit card services.
Money transfer services.
Visa do not provides any card. Financial companies serves visa-branded credit cards, debit
cards, and prepaid cards.
Services of VISA Inc.
5. Travel services:
Travel insurance and assistance.
Travel arrangements.
Retail services:
Point-of-sale services.
Merchant services.
Gift card services.
Services of VISA Inc.
7. Current Strategy of VISA Inc.
The strategy of Visa Inc. is to provide
a safe, convenient and reliable way
for people to pay for goods and
services. The company plans to
continue to grow its business by
expanding its product offerings and
increasing its global reach.
8. The company represents an intermediary between banks and merchants by processing
transactions between cardholders and merchants.
The operational business model can be divided into three different streams: consumers
(account holders/card issuers), merchants (acquires/partners with processors), and card networks
(gateways).
Consumers (Cardholders/Issuing Banks)
They are not able to choose a specific card network because this choice depends on card-
issuers’ deals and partnerships.
Operational Business Model
9. • Merchants (Acquires/partners with processors)
Merchants can choose a platform or application through which all transactions are
processed; however, all these platforms and applications are still based on the main network,
VisaNet. Visa Inc.
Banks (Issuing banks):
Visa Inc. offers various products and services to these banks. The main ones are its cards
and main network, VisaNet, through which Visa processes transactions from merchants to
cardholders and vice versa.
Operational Business Model
10. Visa Inc. would likely segment its credit card market into four main
categories by card type :
Small business credit cards
Personal credit cards
Co-branded credit cards
Corporate credit cards.
Market Segmentation
11. Need Assessment
Customer Needs and Wants: customers need a fast, reliable, and convenient way to
make payments.
Current Offering: Visa Inc. offers a variety of payment products and services that meet
the needs of its customers.
Gaps: The company does not currently offer a mobile wallet solution.
12. Core Competencies
Visa Inc. has not had any core competencies that could provide a
unique value to its customer segments. In the majority, the company’s
competitors of card network industry, such as Master card and American
Express, have faced with the same situation of the lack of core competencies.
These companies have the same or similar strategies and business models that
cannot wholly differentiate themselves from each other
13. Visa’s competitive advantage is its strong brand, network effect, and
scale.
1. Visa is the 7th most valuable brand globally
2. Has trust amongst its customers.
3. Has the largest number of merchants in its payment system.
4. It will be very tough for new entrants to build the same network and trust.
Competitive Advantage